For Sale – 5% Cap Inc Prop on Danforth Ave
September 20, 2018
AAA investment opportunity. 18.25 Ft. of frontage on Danforth Ave. 1370 Danforth Ave is a turn key income producing property offered at a 5% capitalization rate based on net operating income.
Currently operating as a 2 storey, commercial/residential Income property. Two commercial units located on the main floor with one 2 bedroom residential apartment on the second floor. Development opportunities include potential for additional floors to be added to the existing building, or future re-development of site to suit your plans. Plans are underway to make Pape subway station the access point to Relief Line which will dramatically increase commercial and residential density Quick access to Gardiner Exp Way, DVP, & TTC make this property highly desirable for investors and speculators.
Email me directly at email@example.com to receive the brochure for 1370 Danforth Ave.
Tags: Danforth, Greek Town, Income properties, investment opportunity, Jimmy Vlachos, Jimmy Vlachos Income Properties, Real Estate, RLP, Royal LePage Signature, Toronto, Toronto real estate
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